Palacios, 29, is set to leave Stoke City to Real Betis according to the Daily Mirror. The Honduran international could join the Spanish club for around 500k, a fraction of what Stoke bought him for.
He joined Stoke City in 2011 from Tottenham Hotspur for £6m and he has made 33 league appearances for the club. He first moved to English football in 2007, when he joined Birmingham City on loan from Honduran club, Olimpia.